The story of this market
The typical home in ZIP 04105 sells for about $912,000, or $466 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $2,120 a month.
ZIP 04105 — Falmouth
The 04105 housing market remains stable with steady price appreciation driven by limited inventory and high demand for suburban living near Portland. While prices are high, the market continues to attract buyers looking for quality schools and coastal access. Current data indicates a balanced but competitive environment for prospective homeowners.
This ZIP is well-suited for affluent families and professionals seeking a suburban lifestyle with high-quality schools and convenient access to Portland's urban core.
Median prices moved up 2.4% year over year.
Homes spend a median of 33 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 2.3% — a stable, low-distress profile.
ZCTA 04105, Cumberland County ME
The area is served by the Falmouth School Department, which is generally highly regarded within the state of Maine.
The area faces standard coastal Maine climate risks, including winter storm exposure and potential flood risks in low-lying coastal zones.
Economic momentum is driven by proximity to the Portland metro area, with a mix of residential development and local service-sector growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Residents primarily commute via I-295 toward Portland, which serves as the region's primary employment and commercial hub.
The area features extensive access to Casco Bay, local nature preserves like the Falmouth Community Park, and proximity to Portland's urban amenities.
The rental market is characterized by high demand and limited inventory, typical of the broader Portland-South Portland metro area.
The economy is anchored by the broader Portland-South Portland metro area, featuring a diverse mix of healthcare, education, and professional services.
The area is primarily car-dependent, with I-295 providing the main transit corridor to Portland.
Development is focused on maintaining suburban character while managing moderate residential growth.
Parcels are subject to the Falmouth School Department and municipal utility districts.
Property insurance premiums are influenced by coastal hazard exposure and regional climate trends.
Data sourced from local market reports and census-based profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large municipal park offering trails and recreational facilities.
Provides significant coastal access and boating opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.